In the chart, ETH can be seen to continue to fluctuate in the box, MACD shows a short trend, and the random shock index on Stoch shows that prices will rise in the short term, and still keep paying attention to the direction of price breaking through the box.
As can be seen in the chart, BTC has shown a downward trend, and the price is close to the Vegas support level and the important support line, so the size of BTC breakthrough energy is very important. The strength of short energy can be seen from MACD, and the line segment is about to break through the central axis. In the short term, I think there will be a small...
ETH is currently running normally in the box, and the price is constantly testing 1640, and the result is that 1640 is a strong resistance line. The position of 1716 will also be a strong resistance line. I don't think ETH can break through these two resistance lines in a row. In the medium and long term, I still prefer the view that the market is short.
BTC once again tested the support line of 22570 in the box and succeeded. The price direction in the box in the short term is relatively easy to analyze. Next, I will continue to pay attention to around 22570. If it falls below 22570, I will regard this breakthrough as a powerful short energy.
The opening of the Bullinger band shrinks, indicating that the price trend of ETH does not fluctuate much in the short term. It will fluctuate between the Fib Retracement 0 and 0.236 line. In the short term, the price will decline slightly. It is worth mentioning that the price is close to the important resistance line 1716. The breakthrough and blocking of the...
Yesterday we said that BTC would fluctuate and adjust in the rectangle. Later, BTC did not break the box and was supported at 22650. There is no tendency to spread the Bullinger band, indicating that there will be no obvious trend in prices. In the red box, you can see Engulfing CanDlestick, which is a long signal, so the price of BTC will rise slightly in the short term.
Using the Vegas indicator to analyze, it can be seen that the ETH price is close to EMA144/169, and 144/169 is above 576/676 and VOSC below 144, so it is judged that the price of ETH will rise in the short term. The rise ranges within the range of recent price shocks.
In the chart, we can see that part of BTC in MACD is in the state of death cross, but it should be noted that 22650 will be a strong support line. The price needs to test the support line again. If the test is successful, 22650 will be an important reference point. In the short term, it is believed that the price will run in the square in the icon.
The ETH price fluctuated horizontally after the rapid rise, and the ETH price will fall slightly in the next day, because MACD generated a death cross signal on the central axis. Overall, ETH has tested 1591 many times, but the closing price has not been able to completely break through, so in the future The energy of ETH breaking through 1591 will be an important...
BTC broke through 22914, the previous high position, and the price tested for 22914. It turned out that the support line of 22914 was effective. The bull energy of MACD continued, and the Bullinger brand opened upward expansion, so I think the price of BTC will rise in the next two days.
It can be seen that the recent trend of ETH price is an upward channel, and the overall increase rate has reached 60%. Such a rapid increase is not normal in the environment of the bear market. 1716 will be a strong resistance level. If the price rises to 1716, you can go short after observing whether it is a false breakout. Now opening a position, whether it is...
In the past two days, BTC has been testing the high position after the sharp decline. I think the upward momentum in the short term is still quite strong, so the price has a chance to break through 22914. I want to remind you that traders should take false breakthroughs into consideration. The safest way is not to open a position at the current position, the risk...
The price of ETH is currently maintained in the rising channel. EMA12 on Vegas has broken through EMA144 and EMA169, indicating a strong bullish trend. It spreads on the Bullinger band, indicating the bulls trend, and the gold cross trend on MACD is also obvious. However, in the short term, the ETH sharp decline correction has sufficient kinetic energy, and it is...
The amplitude of BTC callback is normal in the channel. It can be seen that EMA12 broke through EMA144 on Vegas, indicating the long trend, and there is an expanding trend on the Bullinger band, which also indicates the trend of bulls, but it fluctuates on Stoch. The index exceeds 80%, indicating a serious overbought, so it is estimated that the energy of bulls...
At present, the price of ETH has broken through the trend line and encountered resistance in the Fib Retracement0.382 line. There is a tendency to spread on the Bullinger brand, and part of the Gold cross in MACD is about to rise above the central axis. The above indicators show the strong energy of bulls, and it is estimated that the BTC price will rise to the...
The price trend of BTC, as we predicted yesterday, is now suppressed by the Fib Retacement 0.382 line. However, we can see that the long energy on MACD is strong and the opening of Bullinger brand has a diffusion trend, so I think BTC will fluctuate in the rising channel in the short term.
Overall, the trend of ETH and BTC is the same, but no new channel has been formed after breaking the callback, and the previous trend line will become a strong resistance line. This trend has verified the effective support for the downturn. It can be seen that the short energy of the candle is not enough, so the estimated price will be adjusted back to the trend...
BTC's current trend is adjusted back after a short-term decline, testing that there is a strong support line in 18943. The price returns to the channel, and the previous breakthrough is confirmed to be false, so we adjusted the overall upward channel. The 0.5 line segment of Fib Retracement and MA20 have suppressed the price, and the estimated price will drop to...